EU prosecutor targets major fraud at Piraeus Port

Containers are placed successful Piraeus Port, Thursday. Europe loses an estimated €50 cardinal annually to tax and customs fraud, the EU’s main authoritative Laura Kovesi said Thursday during a visit to the port. “The rules of the crippled person changed. No much harmless havens for you!” she said. The European Public Prosecutor’s Office (EPPO) has been investigating large fraud cases successful Greece, including the “Calypso” lawsuit involving gangs spanning China and astatine slightest 14 EU countries, operating retired of Piraeus. The bureau has seized much than 2,400 shipping containers astatine the port, majority-owned by China’s COSCO – the largest confiscation successful EU history. Gangs allegedly underreported the value of Chinese imports, costing the EU astir €800 cardinal successful VAT and duties since 2017. [AP]